Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
VanEck Bitcoin Spot ETF Daily Trading Volume Reaches $258 Million, a 14-Fold Increase

VanEck Bitcoin Spot ETF Daily Trading Volume Reaches $258 Million, a 14-Fold Increase

2024/02/20 21:04

Eric Balchunas, a Bloomberg analyst, posted on the X platform stating that the trading volume of VanEck Bitcoin Spot ETF (HODL) has reached $258 million today, which is a 14-fold increase compared to the product's average daily trading volume. Moreover, this increase is not attributed to a single large investor but rather from 32,000 individual trades, which is 60 times the average trading volume.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

VIX soars to 18, options volume doubles: traders bet "AI risks are scarier than Fed rate hikes"

US equities options traders believe that debates over the pace of AI development pose a greater disruptive risk than Federal Reserve rate hikes. The volume of VIX options has doubled, with funds aggressively hedging against the risk of sharp fluctuations in technology stocks.

智通财经2026/09/15 01:41
VIX soars to 18, options volume doubles: traders bet "AI risks are scarier than Fed rate hikes"

GLJ gives GE Vernova (GEV.US) a "Sell" rating: $470 target price is the lowest on Wall Street, bluntly stating that "cyclical industrial stocks are being priced like software stocks"

GLJ Research has given GE Vernova a "sell" rating and set the lowest target price on Wall Street at $470, stating that the company is "a cyclical gas turbine manufacturer priced like a long-term compound growth stock."

智通财经2026/09/15 01:41
GLJ gives GE Vernova (GEV.US) a "Sell" rating: $470 target price is the lowest on Wall Street, bluntly stating that "cyclical industrial stocks are being priced like software stocks"